TD Will Update Aeroplan Visa Fees and Perks in 2027

TD Bank customers in Canada will see new annual fees and travel benefits for the Aeroplan Visa card lineup beginning in January 2027.

Updated on Oct. 14, 2026 in Credit Cards

TD Will Update Aeroplan Visa Fees and Perks in 2027

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Do you believe added credit card perks justify paying higher annual fees?

Beginning January 12, 2027, TD Bank will introduce new travel perks for its Aeroplan Visa credit card portfolio in Canada. Starting January 25, 2027, the bank will implement annual fee increases across several of its premium credit card tiers.

Why it matters

The changes restructure the value proposition of the Aeroplan credit card program by pairing increased annual costs with new travel-focused incentives. Customers can expect formal notifications detailing these adjustments mailed 30 to 60 days before the changes take effect.

The TD Aeroplan Visa Infinite annual fee will rise to $159, while the Infinite Privilege tier increases to $699. Cardholders gain a $50 annual Air Canada travel credit and 15% lower point requirements for base fares.

The players

TD Bank

This major financial institution is one of the largest banks in Canada providing a wide range of consumer credit and banking services.

Air Canada

This is the flag carrier and largest airline of Canada that operates the Aeroplan loyalty program in partnership with financial institutions.

The details

The new benefit structure includes a free fourth night or day on points-based bookings for hotels and car rentals made via the CX Loyalty website. Higher-tier cardholders will receive their $50 annual travel credit in two $25 installments issued on January 15 and July 15.

January 12, 2027: New perks for credit cards take effect.
January 15, 2027: Issuance of the first half of the annual travel credit occurs.
January 25, 2027: Fee increases take effect for eligible cards.
July 15, 2027: Issuance of the second half of the annual travel credit occurs.

Market Dynamics

This move reflects a broader industry trend where financial institutions rebalance the value of co-branded credit cards in response to changing travel demand. These adjustments position TD Bank to align its premium offerings with the evolving cost structures of its airline and loyalty partners.

Cardholders should review their current card benefits to determine if the $20 to $100 annual fee increase is offset by the new 15% discount on points and the $50 travel credit. Users should anticipate receiving a formal notice in the mail within 30 to 60 days of the January 2027 implementation date.

The takeaway

Users who utilize the travel credit and loyalty booking perks may find the increased annual fees justifiable through improved point efficiency. It is recommended that customers evaluate their travel habits before the changes take effect in January 2027 to decide if their current card remains optimal.